Yup, warning comes after the close on a Friday. Can't believe they are going to do 2 conference calls in a week and a half. Only bright side is that perhaps as I have suggested, the people that have access to the company already knew this and we could still be near a bottom.
Hmmm. Up a dollar. Looks like all the big players already knew about the warning again. At least he said inventory channels are now near normal levels. In 2015 they expect to see more normal buying patterns. Also sounds like the dividend will not be cut.
Steve, Glad I resisted he temptation to buy before earnings. Stock will take a hit Monday and I will watch closely and start establishing a position in the coming weeks.No need to rush let the people who are not convinced this is along term hold out. I think it settles between 9-10 and then I pounce. .